Q: What do we mean by an intellectual property ?

Ans: Intellectual property is that category of property that would include intangible creations of the human intellect.

There are many types of intellectual property, and some countries recognize more than others. 

WIPO, i.e., World intellectual property organization was established by WIPO Convention in 1967. The WIPO is the specialized agency of United Nations. WIPO promotes the protection of IP(IntellectualProperty) throughout the world. Intellectual Property is the property that arises from the human intellect. It is the product of human creation.

They are books, paintings, musical compositions, plays, movies, radio/tv programs, performances and artistic works.